Will a Rising Dollar Hammer Down Gold?

A rapidly growing list of reports shows a U.S. economic recovery that’s far stronger than most had anticipated just months ago. And both deflation and inflation seem less likely to explode. All this is boosting the dollar — an…

America’s Low Interest Rates Have a High Hidden Price

Interest rates are the price of money, and though that price is near zero right now, the cost of low interest rates to our nation may be too high. Low rates are squeezing savers, seniors, banks and pension funds, and the benefi…

Stocks Post Modest Gains as Treasurys Tumble

Stocks closed a bit higher after flitting around breakeven on light trading for much of the day. Financials outperformed, while commodities suffered. Treasury bond yields hit their highest intraday level since June. End-of-year…